There are many factors that impact employee retention. But rather than watching employees walk out the door and working to figure out what went wrong, HR professionals would be wise to proactively examine and address the factors that drive employees to leave in the first place.
According to the ADP Research Institute® (ADP RI) report, The Evolution of Work 2.0: The Me vs. We Mindset, there are three key areas that HR leaders can focus on to keep employees. These areas are as follows:
- Openness and Transition
- Creating Meaning, Human Connections and Advancement
- Attraction, Retention and Attrition
1. Openness and Transition
According to ADP RI, 56 percent of employees say they feel there is “no such thing as job security today.” While they may enjoy their jobs, this insecurity can put employees in a constant state of transition, ready to jump on other positions that meet their needs.
Address this concern by making sure your organization’s leaders regularly share business results with employees and relate those results to job security and long-term opportunities. Also, HR must influence leaders to be open and honest during the difficult times. Rather than making employees fear what’s ahead, talking about struggles can serve to inspire greater commitment and help employees self-identify as part of the team that will help the organization overcome its obstacles.
Click here to read the full post published at SPARK by ADP.